Sustainable Aviation Fuel Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

The adoption of sustainable aviation fuels such as e-fuels, synthetic fuels, green jet fuels, biojet fuels, hydrogen fuels is one of the most feasible alternative solutions with respect to socio and economic benefits when compared to others, which contributes significantly to mitigating current and expected future environmental impacts of aviation. In addition, airlines across the entire aviation industry are expanding their commercial fleets, due to rise in air travel These large and growing fleets are propelling the demand for the sustainable aviation fuel as a near to mid-term solution for reducing GHG emissions.

MARKET SCOPE

The "Global Sustainable Aviation Fuel Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Sustainable aviation fuel market with detailed market segmentation by fuel type, platform, and geography. The report provides key statistics on the market status of the leading Sustainable aviation fuel market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   On the basis of fuel type, the market is segmented as biofuel, hydrogen fuel, and power to liquid fuel.
  
•   On the basis of platform, the market is segmented as commercial aviation, military aviation, general aviation, and unmanned aerial vehicle.
  

MARKET DYNAMICS

Drivers:

•   Increasing need for reduction in GHG emissions in aviation industry
  
•   Increasing air passenger traffic.
  
•   High fuel efficiency of SAF.
  

Restraints:

•   Inadequate availability of feedstock and refineries to meet SAF production demand.
  
•   Price differential between SAF and conventional jet fuel.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Sustainable aviation fuel market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Sustainable aviation fuel market in these regions

IMPACT OF COVID-19 ON SUSTAINABLE AVIATION FUEL MARKET

The COVID-19 pandemic has severely impacted the aerospace, defense, aviation and other related industries. The COVID 19 has brought to the forefront various issues like the global climate change to the forefront. Sustainable aviation fuel is the most effective alternative to fossil fuel and it is gaining traction globally. Hence the COVID-19 is expected to have positive impact on sustainable aviation fuel market.

MARKET PLAYERS

The report covers key developments in the Sustainable aviation fuel market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Sustainable aviation fuel market are anticipated to lucrative growth opportunities in the future with the rising demand for Sustainable aviation fuel in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Sustainable aviation fuel market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Neste
  
•   Gevo
  
•   Eni S.p.A.
  
•   WORLD ENERGY
  
•   SkyNRG
  
•   Fulcrum BioEnergy
  
•   Velocys Technologies Limited
  
•   S.G. Preston Company
  
•   Red Rock Biofuels
  
•   Avfuel Corporation
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Sustainable Aviation Fuel Report Scope